Industry no longer locomotive of RI`s economic gowth

Saturday, November 28th, 2009

Industrial growth in Indonesia has continued to decline since 2006 and no longer serves as the locomotive of national economic growth, a national development planning official said. "Since 2006, the growth of industry has continued to decline and now happens at a rate below the overall economic growth rate. This means ...

Indonesia rejects loan offer from S Korea

Wednesday, June 3rd, 2009

President Susilo Bambang Yudhoyono said that the Indonesian government would not use external loans to reinforce its fiscal financing although the South Korean government had offered assistance. "If there is no urgent need, we should not necessarily borrow money although South Korea has offered us a loan," the president said here ...

Govt sets next year`s economic growth at 5 pct

Wednesday, June 3rd, 2009

The government has projected Indonesia`s economic growth at five percent next year, and thereby reducing employment and poverty in the country. State Minister for National Development Planning/Head of the National Development Planning Agency Paskah Suzetta told a hearing with the House budgetary committee in Jakarta Monday. With the five percent growth, the ...